Pierce Transit site is released to request mixed use development in the heart of Tacoma's Regional Transportat

Mar 04, 2016

City Seeks Transit Oriented Development
for Pierce Transit Site Near Tacoma Dome Station

Tacoma, Wash. -- Today, the City of Tacoma released a Request for Interest to developers for a high density commuter housing project on a site owned by Pierce Transit near the Tacoma Dome Station. Located at 415 E. 25th St., the property is a transit oriented development site with views of Puget Sound at the Thea Foss Waterway.

“Developers won’t want to miss this opportunity,” said Community and Economic Development Director Ricardo Noguera. “This site affords easy access to all of the amenities of the Puget Sound region in Tacoma’s increasingly popular South Downtown neighborhood. University of Washington Tacoma is accessible by free Tacoma Link light rail from the project site.”

More than 5,500 people utilize mass transit daily at the Tacoma Dome Station, which offers several commuter and leisure options such as the Sounder trains, the ST Express busses, the Tacoma Link light rail system, and other local and regional busses, including Greyhound. Amtrak is expected to relocate to the Tacoma Dome Station and Freighthouse Square in 2017.

“The market for multifamily housing in Downtown Tacoma is robust, with vacancy rates at less than 1 percent,” added Noguera. “With its increasingly vibrant urban core, Tacoma is a housing location of choice. Residents enjoy Tacoma’s world renowned museum and theater districts, along with an increasing array of brewpubs, eateries, galleries and retail options.”